FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) Hits New 1-Year High – What’s Next?

FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) shares hit a new 52-week high during mid-day trading on Friday . The company traded as high as $105.60 and last traded at $105.36, with a volume of 2917 shares traded. The stock had previously closed at $105.35.

FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund Stock Performance

The company has a market capitalization of $696.47 million, a price-to-earnings ratio of 13.36 and a beta of 0.75. The company has a 50-day moving average price of $101.55 and a 200-day moving average price of $99.56.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. JPMorgan Chase & Co. increased its stake in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 115.4% in the third quarter. JPMorgan Chase & Co. now owns 30,964 shares of the company’s stock valued at $2,748,000 after purchasing an additional 16,591 shares in the last quarter. Greenleaf Trust bought a new position in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund during the second quarter worth $1,330,000. BOKF NA grew its holdings in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 266.0% in the 3rd quarter. BOKF NA now owns 6,174 shares of the company’s stock valued at $548,000 after buying an additional 4,487 shares during the period. Captrust Financial Advisors bought a new stake in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund in the 2nd quarter valued at $220,000. Finally, Vestor Capital LLC increased its position in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 238.0% in the 4th quarter. Vestor Capital LLC now owns 1,646 shares of the company’s stock valued at $153,000 after buying an additional 1,159 shares in the last quarter.

About FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund

The FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (TLTD) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of equities from developed countries outside the US. The index favors smaller, value-oriented firms. TLTD was launched on Sep 28, 2012 and is managed by FlexShares.